141
ANNUAL REPORT 2016
NOTES TOTHE FINANCIAL STATEMENTS
30 JUNE 2016
(Continued)
17. ASSETS CLASSIFIED AS HELD FOR SALE
Certain property, plant and equipment and investment property are presented as non-current asset held for sale following the sale and
purchase agreements entered by the Group with purchasers during the financial year. The sales had been completed subsequent to financial
year ended 30 June 2016. As at the end of the reporting period, the assets are as follows:
Group
2016
RM’000
Assets classified as held for sale
Property, plant and equipment (Note 7)
2,436
Investment property (Note 8)
1,700
4,136
The carrying amount of property, plant and equipment held for sale is the same as its carrying amount before it was reclassified to current assets.
18. SHARE CAPITAL
Company
2016
Number
of shares
’000
RM’000
2015
Number
of shares
’000
RM’000
Authorised:
Balance as at 1 July
Ordinary shares of RM0.50 each
-
-
500,000
250,000
Ordinary share split, into RM0.25 each
-
-
500,000
-
Ordinary shares of RM0.25 each
1,000,000
250,000
-
-
Balance as at 30 June
1,000,000
250,000
1,000,000
250,000
Issued and fully paid
Balance as at 1 July
Ordinary shares of RM0.50 each
-
-
201,571
100,786
Issued pursuant to Bonus
Issue on the basis of 1:1
-
-
201,572
100,786
Share Split, into RM0.25 each
-
-
403,144
-
Ordinary shares of RM0.25 each
806,287
201,572
-
-
Balance as at 30 June
806,287
201,572
806,287
201,572
In previous financial year, the Company implemented a bonus issue of 201,571,850 new ordinary shares of RM0.50 each (“Bonus Shares”)
on the basis of one (1) new ordinary share for every one (1) then existing ordinary share held in the Company (“Bonus Issue”) through
the capitalisation of RM100,785,925 from the Company’s share premium and retained earnings available based on its audited proforma
statement of reserves as at 30 June 2013 and unaudited proforma statement of reserves as at 31 March 2014.
Concurrently, the Company implemented a share split involving a subdivision of every one (1) Bonia Shares of RM0.50 each (then existing
and Bonus Shares) into two (2) ordinary shares of RM0.25 each. Pursuant to the share split, 403,143,700 ordinary shares of RM0.50 each
of the Company were subdivided into 806,287,400 ordinary shares of RM0.25 each (“Share Split”).
